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Jan 11, 2013
01/13
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are acting as if tim geithner had the final say on all of this. they keep bringing up the $50,000 he owed in taxes is are redundant and old. was talk about some of the things he did right. it is so negative it. that is what is bringing this country down more than anything is the constant negative attitude. host: charleston, west virginia, republican line. caller: good morning. how are you? mr. geiger's legacy is that he was part of a team who came into office when this country was heading toward a fiscal chasm, an abyss, not just a cliff. he and his team pushed the gas pedal to the floor. i had a real opportunity to do something positive in this country and allow people to keep more of what they earn at. they did exactly the opposite. i cannot believe that these people who are doing this to our country are so stupid. they just do not know any better. i think they know exactly what they are doing. at least 51% of the american people voted not once, but twice to keep that gas pedal pushed firmly to the floor so that we go directly over the chasm and
are acting as if tim geithner had the final say on all of this. they keep bringing up the $50,000 he owed in taxes is are redundant and old. was talk about some of the things he did right. it is so negative it. that is what is bringing this country down more than anything is the constant negative attitude. host: charleston, west virginia, republican line. caller: good morning. how are you? mr. geiger's legacy is that he was part of a team who came into office when this country was heading...
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Jan 9, 2013
01/13
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you recently did, as you know that great interview with tim geithner right here on the "closing bell." how well do you know lew? >> not as well. he was at omb for a brief time, a couple years in this administration, his second go-round there. look, we're learning more about him, and i don't think there's very much mystery here. he would be picked for the job because he's a budget expert, and that also he's a loyalist inside the obama administration and in a place that values loyalty like a lot of white houses, and the question becomes does he have other critical qualifications that say wall street or the international banking and financial system would require, with the big question being, you know, if we were at a place where there was another financial crisis, how well would jack lew, as did robert ruben, hank paulsen and tim geithner do to instill confidence? >> steve, you were right on the money with the jack lew prediction. you and i had this conversation, but i just wonder, you know, there's this antagonistic relationship between the white house and business. >> right. >> there
you recently did, as you know that great interview with tim geithner right here on the "closing bell." how well do you know lew? >> not as well. he was at omb for a brief time, a couple years in this administration, his second go-round there. look, we're learning more about him, and i don't think there's very much mystery here. he would be picked for the job because he's a budget expert, and that also he's a loyalist inside the obama administration and in a place that values...
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Jan 10, 2013
01/13
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few embody that ideal better than tim geithner. that's why when tim was thinking about leaving a couple of years ago, i had to personally get on my knees with carol to help convince him to stay on a little bit longer, and i could not be more grateful to carol and the entire geithner family for allowing him to make the sacrifices that so many of our cabinet members ask of their families in serving the country. the fact is, while a lot of work remains, especially to rebuild a strong middle class and offer working folks new path ways to rise into the middle class, our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. so, i understand that tim is ready for a break. obviously, we're sad to see him go, but i cannot think of a better person to continue tim's work at treasury than jack lew. now, this is bittersweet not only because tim is leaving, but also, because jack's been my chief of staff for the last
few embody that ideal better than tim geithner. that's why when tim was thinking about leaving a couple of years ago, i had to personally get on my knees with carol to help convince him to stay on a little bit longer, and i could not be more grateful to carol and the entire geithner family for allowing him to make the sacrifices that so many of our cabinet members ask of their families in serving the country. the fact is, while a lot of work remains, especially to rebuild a strong middle class...
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Jan 18, 2013
01/13
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FBC
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. >> the other real interesting character is tim geithner. the tim geithner was president of the new york fed at the time. he is now the outgoing treasury secretary. he doesn't come out as well as yellin in this. there are times when he looks like a guy who doesn't see the problems that as the new york fed president he is supposed to be uncovering. i'll give you one example. june 2007. two hedge fund related to bear stearns collapse. geithner talks about them at the june meeting. he says, he thinks that the risk of counterparties to these bear stearns hedge funds is very small. of course within nine months bear stearns has collapsed and the federal reserve bailed it out. ashley: john, that is terrific. we're literally out of time. very quickly, does it give you concerned all the great brains more of them could not see what was coming down the pike? >> it is concerning. there was an element of group think. almost nobody in january 2007 who saw the financial system as being at risk. there was group think going on there. ashley: very good. jon h
. >> the other real interesting character is tim geithner. the tim geithner was president of the new york fed at the time. he is now the outgoing treasury secretary. he doesn't come out as well as yellin in this. there are times when he looks like a guy who doesn't see the problems that as the new york fed president he is supposed to be uncovering. i'll give you one example. june 2007. two hedge fund related to bear stearns collapse. geithner talks about them at the june meeting. he says,...
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Jan 10, 2013
01/13
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so the president today joked that lew would work to make at least one of his letters -- tim geithner revised his own signature after he took off. >>> tonight is the premiere the nbc's new show "1600 penn." this sitcom follows president dave gilchrest through press conferences, cabinet meetings, state dinners, as he -- yesterday we sent our own gilchrist to catch up with president gilchrist. >> you actually are a gilchrist. my gosh. did you ever think that that name was a presidential name? >> reporter: you know it crossed my minute once or twice, but there's a story line to wake up watching morning news and thinks he's got a long-lost brother, that might be it. >> i think so that would be a great story line. >> i see this story goods on for many, many years to come. >>> you can watch the full interview on nbcwashington.com, just search pullman 1600 penn. it premiere tonight followed by a second episode at the regular time, 9:30, i think our gilchrist cleaned up to be president. he was in the tie looking very presidential. >>> i'm a fan. >>> coming up next at 4:30, the ugly crime two
so the president today joked that lew would work to make at least one of his letters -- tim geithner revised his own signature after he took off. >>> tonight is the premiere the nbc's new show "1600 penn." this sitcom follows president dave gilchrest through press conferences, cabinet meetings, state dinners, as he -- yesterday we sent our own gilchrist to catch up with president gilchrist. >> you actually are a gilchrist. my gosh. did you ever think that that name was...
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Jan 2, 2013
01/13
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. >> tim geithner put in measures to avoid that. >> at the end of the month we are talking about these issues all over again. >> lauren simonetti fox business network. thank you. >> 15 after the hour. still to come the temperatures are plummeting and that means your risk of certain health problems rises. what you need to watch out for during the winter to avoid a trip to the doctor's office. several nurses fired for refusing flu shots. wait until you hear this story. >> was we go to break a look at the gas prices. national average 3.29 cents an ounce -- announce. $3.29. that is unchanged from yesterday. >> it is 19 minutes after the hour. here are quick headlines. it may be another reason to cut back on sugar. it can cause you to over eat. a new study finds when people eat fructose sugar it turns off part of the brain that tells you when you are full. a nursery fuse to go get a flu shot. four refused based on religious beliefs and asked for an exemption but were denied. it is mandatory and they could be fired. >> the cold and flu aren't the only things that can send you to the doctor's
. >> tim geithner put in measures to avoid that. >> at the end of the month we are talking about these issues all over again. >> lauren simonetti fox business network. thank you. >> 15 after the hour. still to come the temperatures are plummeting and that means your risk of certain health problems rises. what you need to watch out for during the winter to avoid a trip to the doctor's office. several nurses fired for refusing flu shots. wait until you hear this story....
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. >>> still ahead, president obama announced his pick to replace tim geithner at the treasury department. how jack lew's influence will impact your wallet. >>> plus, lance armstrong, heading to oprah. but will he confess to doping? my next guest calls it ridiculous. don't miss it. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ and save hundreds with our best offer. get an adt security system starting at just $49 installed, but for a limited time only. that's an instant savings of $250. don't leave your family's safety to chance when you can take advantage of these savings now. call or visit adt.com/tv. both: i had a break-in. man: by the time we called the police, there wasn't much they could do. i felt so helpless. adt quickly called the police. i felt like it was over right away. feels like it's still not over. we lost our digital photos, financial records, things that insurance simply can'
. >>> still ahead, president obama announced his pick to replace tim geithner at the treasury department. how jack lew's influence will impact your wallet. >>> plus, lance armstrong, heading to oprah. but will he confess to doping? my next guest calls it ridiculous. don't miss it. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any...
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Jan 25, 2013
01/13
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. >>> meantime, this is treasury secretary tim geithner's last day on the job and the legacy debated. joining me is zach carabel. so debate it. explain why dwaebt it. >> debate it? people feel like whatever happened in 2009 in terms of the bailout of the banks was a very privileged, selective use of government and public moneys to save selected group of people and allow other people, particularly the millions with the homes foreclosed to fend for themselves and the market rally, not just today but the markets doing extremely well over the past months, it kind of depend. great if you're in the markets and right if you have a 401(k) you are in the market but most people don't have a 401(k). many people do. >> when we talk about his legacy, is it really going to be the phrase to big too fail? >> i think that's what's stuck to him right now. whatever sticks to someone in realtime, you know, may or may not -- >> perception is reality. >> but only reality for the time that it's reality. meaning, truman went out of office with the lowest public approval ratings of man kind and what history s
. >>> meantime, this is treasury secretary tim geithner's last day on the job and the legacy debated. joining me is zach carabel. so debate it. explain why dwaebt it. >> debate it? people feel like whatever happened in 2009 in terms of the bailout of the banks was a very privileged, selective use of government and public moneys to save selected group of people and allow other people, particularly the millions with the homes foreclosed to fend for themselves and the market rally,...
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Jan 10, 2013
01/13
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treasury secretary boss tim geithner had to improve what his signature looked like. it was kind of scrawling too. in order to fit on the money he improved it. white house press secretary jay carney was asked about lew's hand writings and whether he is practicing his signature. koorney said, not that i'm aware of. jenna: you remember grade school where they give you lines to follow to practice your penmanship? jon: one would think. jenna: how is your penmanship? jon: i think it is readable, shows my name but my penmanship is pretty awful. jenna: we may need to do a close-up shot. jon: i don't like to bright. the brain works faster than the hand. >> we'll see, show you the improvement if there is one to jack lew's signature when we get it. meantime we'll move onto this other story. right now to the dangerous flu outbreak really spreading throughout this country. 44 states are now reporting widespread illness. take a look at that map! almost all red. hospitals are reporting severe overcrowding. some forcing ambulances to go, to different hospital because there is simply
treasury secretary boss tim geithner had to improve what his signature looked like. it was kind of scrawling too. in order to fit on the money he improved it. white house press secretary jay carney was asked about lew's hand writings and whether he is practicing his signature. koorney said, not that i'm aware of. jenna: you remember grade school where they give you lines to follow to practice your penmanship? jon: one would think. jenna: how is your penmanship? jon: i think it is readable,...
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Jan 10, 2013
01/13
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that's the current secretary tim geithner's john hancock. here is lu's signature. see that? from a recent white house memo. it's a bunch of scwilgs skillings. geithner had to change his signature from the one you can see here so that people could read his name on the currency. after all, if you get to sign all the money, the least you can do is read your name. by now we have all heard that soda is not good for you. it turns out it might also be making us sad. sad soda. new research that suggests soda drinkers are more likely to be depressed. not really depressing. seems more stupid to me but you'll decide. (dog) larry,larry,larrryyy. why take exercise so seriously,when it can be fun? push-ups or sprints? what's wrong with fetch? or chase? let's do this larry! ooh, i got it, i got it! (narrator) the calorie-smart nutrition in beneful healthy weight... incles grains and real chicken, because a healthy dog is a playful dog. beneful healthy weight. find us on facebook to help put more play in your day. using cloud computing and mobile technology, verizon innovators have develope
that's the current secretary tim geithner's john hancock. here is lu's signature. see that? from a recent white house memo. it's a bunch of scwilgs skillings. geithner had to change his signature from the one you can see here so that people could read his name on the currency. after all, if you get to sign all the money, the least you can do is read your name. by now we have all heard that soda is not good for you. it turns out it might also be making us sad. sad soda. new research that...
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Jan 25, 2013
01/13
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today is tim geithner's last day as treasury secretary of the united states. before he walks out the door he was reflecting a bit on the state of the economic recovery and here's what he said. quote, the president makes fun of me, like always saying we're only in the 2nd inning but in terms of the american economic recovery, we are past the 7th inning stretch says tim geithner. so is he right as he leaves this economy in the hand of the rest of the administration at this point? stuart varney joins me now, anchor of "varney & company" on the fox business network. stuart, when i read that this morning, i thought really? is that really true? are we in the 7th inning stretch of this recovery? what say you? >> there are two sides of this argument. 2nd inning the team is down or 7th inning the team is in the homestretch. let me give you the 2nd inning our team is down first. next week we get a big picture on the state of the economy. it will be bad. growth of only 1%. that implies we're very early in this baseball game and our team is down. that is the negative side
today is tim geithner's last day as treasury secretary of the united states. before he walks out the door he was reflecting a bit on the state of the economic recovery and here's what he said. quote, the president makes fun of me, like always saying we're only in the 2nd inning but in terms of the american economic recovery, we are past the 7th inning stretch says tim geithner. so is he right as he leaves this economy in the hand of the rest of the administration at this point? stuart varney...
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Jan 14, 2013
01/13
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FBC
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. $16.4 trillion tim geithner, fudges numbers around, pay the bills until congress signs the increase in debt ceiling. >> a repeat of the fiscal cliff? >> that's what politics is in dc. this is all games, all threats, all the clock is ticking down. makes you worry if the country's going to default. >> eric, here's the thing -- >> at the end of the day, sorry -- >> yeah. at the enof the day, there's a deal. >> yeah, this is like the debt ceiling is a phony argument. it's really about charter renewal. it's a renewal of a charter do continue spending, and what time and again the american people have been misled on the debt ceiling, what we are talking about you can't default. the government can't default on the debt or paying china and the like, what's bad is entitlement reform. you can. >> but he won't. >> that's not covered by the debt ceiling. >> the president loathes to cut spending of any kind. he wants more spending, in fact, and under no circumstances will he touch medicare, medicaid, social security. agree with that? >> surprised if he touchedded them if there's no real substanti
. $16.4 trillion tim geithner, fudges numbers around, pay the bills until congress signs the increase in debt ceiling. >> a repeat of the fiscal cliff? >> that's what politics is in dc. this is all games, all threats, all the clock is ticking down. makes you worry if the country's going to default. >> eric, here's the thing -- >> at the end of the day, sorry -- >> yeah. at the enof the day, there's a deal. >> yeah, this is like the debt ceiling is a phony...
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Jan 16, 2013
01/13
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. >>> in washington news, treasury secretary tim geithner says the government has begun borrowing from the federal employee pension fund now to keep operating without surpassing its debt limit. these are some of the steps they can take. in a letter to congressional leaders, geithner says the move will free up $156 billion in borrowing authority. we've gone through that this morning. the action has been taken by other treasury secretaries and will not put in jeopardy any monthly pension payments. that's not a lot sounds like a lot. >> not a lot at all. >> fay back later. >>> the house approved $50.5 billion in long-delayed federal disaster aid to the victims of superstorm sandy yesterday by a vote of 241-180. the senate is expected to pass it. the house approved the aid in two parts. $17 billion in funds to cover immediate disaster relief. $33.5 billion in longer term reconstruction funds. >>> big day today as far as birthdays. maybe you're not aware of this -- especially it's appropriate today that it's this gentleman's birthday. >> who? >> whose birthday? >> his 112th birthday. >> goo
. >>> in washington news, treasury secretary tim geithner says the government has begun borrowing from the federal employee pension fund now to keep operating without surpassing its debt limit. these are some of the steps they can take. in a letter to congressional leaders, geithner says the move will free up $156 billion in borrowing authority. we've gone through that this morning. the action has been taken by other treasury secretaries and will not put in jeopardy any monthly pension...
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Jan 11, 2013
01/13
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. >> tim geithner also changed his signature a bit, because it was not the best. >> might want to practice a few times. >> and there it is. i say it's unique and hard to copy and as long as i have some of those signatures in my wallet, i'll make it. >> i think it would be easy to copy. >> you think so? >> his signature. you've been showing it the past couple of days? >> yeah, been talking about it. >> there it is. plus, it's just laziness, really. that doesn't say jacob lew. >> the j you can see in the beginning. >> it says he's very busy. >> we'll get an expert. >> i would love to do that. probably creative and good with numbers. >> good with money. >> that would be important. >> we're looking, you know, the weekend looking up temperature- wise. rain showers moving in later this afternoon. had a few sprinkles reported early this morning. be ready for showers later today. 40 in washington. 37 in annapolis. 37 learn ard town. 30degrees in manassas. here's the deal with today, highs in the upper 40s to about 50. won't feel as warm as yesterday, even though daytime temperatures will be well a
. >> tim geithner also changed his signature a bit, because it was not the best. >> might want to practice a few times. >> and there it is. i say it's unique and hard to copy and as long as i have some of those signatures in my wallet, i'll make it. >> i think it would be easy to copy. >> you think so? >> his signature. you've been showing it the past couple of days? >> yeah, been talking about it. >> there it is. plus, it's just laziness, really....
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Jan 11, 2013
01/13
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CNN
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. >> tim geithner says one of the first things he had to do when he became treasury secretary, was make it a little more legible. >> it suddenly matters. >>> other stories making news this morning. john has that for us. >>> the 16-year-old who opened fire and critically wounded a high school classmate claims he was bullied. he was tar getting two boys at taft high school in balkersfield, california. the suspect may have had a hit list. teacher ryan heber and kim lee fields, counselor, getting high praise for convincing the shooter to put the shotgun down. >> this teacher and counselor stood face to face not knowi ii whether he would turn the gun on them. they have seen the news meadow, probably expected the worst and hoped for the best, gave students a chance to escape and conversed and it worked. >> for now, the suspect will be charged as a juvenile with attempted murder it will be up to prosecutors to decide if he will be eventually charged as an adult. >>> some americans are believed to be among the dead in a hotel fire in the northern philippines. it happened at the dryden hotel in
. >> tim geithner says one of the first things he had to do when he became treasury secretary, was make it a little more legible. >> it suddenly matters. >>> other stories making news this morning. john has that for us. >>> the 16-year-old who opened fire and critically wounded a high school classmate claims he was bullied. he was tar getting two boys at taft high school in balkersfield, california. the suspect may have had a hit list. teacher ryan heber and kim...
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Jan 29, 2013
01/13
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could you imagine if tim geithner seemingly went on a radio show and said the united states was bankrupt? this is what he did in a radio interview in france. he called france "totally bankrupt." the president francoise holland did not authorize him to say it. me thinks that guy is in le grande trouble with. >> was he talking about economically, culturally. >> he was talking about taxes and capital. they've jacked up to 75% although a french high court said that may not be constitutional. jird depardieu of the plane incident as well as others saying they're going to leave the country. a couple high rollers but really high taxes, a fear of a capital flight. can you imagine if geithner or jack lew went on and said "america's totally wrupt"? that's what happened in france yesterday. mind blowing. sacre broke. >> good luck for his job security. >> thanks very much for talking about the mahkets. >> it was a wicked good hit. >> there you go. i won't do it. my career would be over. we have a big show coming up tomorrow. al gore and bill gates will be here. unbelievable. up next, the best of late
could you imagine if tim geithner seemingly went on a radio show and said the united states was bankrupt? this is what he did in a radio interview in france. he called france "totally bankrupt." the president francoise holland did not authorize him to say it. me thinks that guy is in le grande trouble with. >> was he talking about economically, culturally. >> he was talking about taxes and capital. they've jacked up to 75% although a french high court said that may not be...
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Jan 21, 2013
01/13
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there we see the outgoing treasury secretary tim geithner, as a number of dignitaries are now arriving at the capitol. there is the president's limousine now. the president left the white house with the first lady just a few moments ago. the vice president is in the car with him. and the senior senator of new york, charles schumer, who is also essentially the master of ceremonies at today's inaugural events at the capitol. here's the car now approaching the capitol. our jan crawford is inside the capitol now, as a number of people are beginning to arrive. jan, what do you see there? >> well, scott, a few moments ago almost all of it seemed like the united states senate just walked by here to file outside and take their seats. they're on the west front to await the ceremonies that of course will be coming up. then after the president gives his inaugural address he will come in here, he'll come through the rotunda, walk by that bust of dr. martin luther king, jr., and then into statuary hall for a tradition that's the most exclusive lunch you can imagine. all of the nation's leaders, the
there we see the outgoing treasury secretary tim geithner, as a number of dignitaries are now arriving at the capitol. there is the president's limousine now. the president left the white house with the first lady just a few moments ago. the vice president is in the car with him. and the senior senator of new york, charles schumer, who is also essentially the master of ceremonies at today's inaugural events at the capitol. here's the car now approaching the capitol. our jan crawford is inside...
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Jan 9, 2013
01/13
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CSPAN2
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geithner, and we expect that announcement tomorrow. jay carney likely to get questions about that today at the white house briefing set to start at 2:15 eastern now, and it will be live here on c-span2 live coverage, a discussion on this year's budget battle from today's "washington journal." >> host: back at the table is the president of club for growth, talking about the republican agenda for the 113th congress. let me show our viewers the "washington times" from mondays and the headline, g.o.p. shut down and sanity jolt as a way to press need for cuts." when it comes to the next budget battles ahead, republican senators, ted cruz, and others, laying the ground work. are you part of the effort or consulting with them on this? what do you think about it? >> guest: we supported people like cruz and others champions of economic freedom in the senate and other house members. we do that because we want fiscal sanity in washington. we endorse people at the club for growth we think hold a pro-growth view, a pro-economic growth agenda. we're
geithner, and we expect that announcement tomorrow. jay carney likely to get questions about that today at the white house briefing set to start at 2:15 eastern now, and it will be live here on c-span2 live coverage, a discussion on this year's budget battle from today's "washington journal." >> host: back at the table is the president of club for growth, talking about the republican agenda for the 113th congress. let me show our viewers the "washington times" from...
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Jan 1, 2013
01/13
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also the debt ceiling, technically we ran out of money at midnight but treasury secretary tim geithner figured a way to fin nay -- finnagle the finances where we can run the government through the end of february or early march on the money they've got. debt ceiling or sequester, two more fights if the republicans want to have. >> inheritance tax goes up for people who have over $5 million. the doctors fix will continue for another year. doctors will be taking medicare patients for at least 365 more days. unemployment insurance remains at a year. >> one thing we need to make sure you understand about all these things we're talking about, these are things that the senate agreed to. the house is going to look at it, and they're going to chew on it, and if they don't like some of it, they're going to amend it and send it back. >> we're talking about, like no spending cuts. >> very few. >> let's hear what mitch mcconnell has to say about this. lots more work to do. we've got to get serious. >> now is time to get serious about reducing washington's out-of-control spending. that's the debate
also the debt ceiling, technically we ran out of money at midnight but treasury secretary tim geithner figured a way to fin nay -- finnagle the finances where we can run the government through the end of february or early march on the money they've got. debt ceiling or sequester, two more fights if the republicans want to have. >> inheritance tax goes up for people who have over $5 million. the doctors fix will continue for another year. doctors will be taking medicare patients for at...